Champion expands iron property in Labrador
Champion Minerals (CHM-V) is buying up yet more land next door to its wholly owned Attikamagen Lake iron property in Labrador.
News
Northern BC power line could spark investment
VANCOUVER — A power line into northern British Columbia could attract $3.5 billion in mining investment, according to the preliminary results of an independent study by Macquarie North America.
SPOT PRICES (April 28, 2008)
COURTESY OF SCOTIABANK
PRODUCER AND DEALER PRICES (April 28, 2008)
Antimony: Mid-mkt US$5,950/t.
ValGold files resource on Garrison gold property
The main sulphide gold zones of its 100%-owned Garrison gold property in northeastern Ontario contain an indicated resource of 186,725 tonnes grading 8.06 grams gold per tonne, ValGold Resources (VAL-…
DAILY METAL PRICES (April 28, 2008)
Date April 21 April 18 April 17 April 16 April 15 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2780/2805 2775/2810 2781/2825 2741/2770 2…
NORTH AMERICAN STOCK EXCHANGE INDICES (April 28, 2008)
52-week Date April 21 April 18 April 17 April 16 April 15 High Low S&P/TSX-Ven Comp 2559.82 2512.19 2590.79 2574.55 2547.37 3372.00 2340.21 TSX Composite 14321.16 14237.06 1411…
Bonaventure expands 3D model of K9 deposit
With two drills already in action, Bonaventure Enterprises (BVT-V, BVTEF-O) is going after near-surface uranium targets on its K9 property in James Bay, Que., in search of a Rossing-type low-grade ura…
TSX SHORT POSITIONS (April 28, 2008)
Short positions outstanding at Apr. 1 /08 (with changes from Mar. 15/08).
Eldorado targets Frontier Pacific
VANCOUVER — Frontier Pacific Mining (FRP-V, FRPMF-O) is fighting an unsolicited takeover offer from Eldorado Gold (ELD-T, EGO-X) in a battle focused on Frontier’s 1.4- millon-oz. Perama Hill gold dep…
First Quantum bids big to land Kevitsa
First Quantum Minerals (FM-T, FQM-L) is offering a hefty premium in a cash-and-share deal worth about $281 million in a bid to acquire Scandinavian Minerals (SGL-T, SCANF-O) and its giant Kevitsa nick…
Ecuador slams on the brakes
Ecuador’s burgeoning mining industry has been dealt a serious blow with the passing of a new mining mandate.